AI assistant
CNB FINANCIAL CORP/PA — Director's Dealing 2022
Feb 15, 2022
32504_dirs_2022-02-15_50324fcd-a603-421b-87d2-1e98150838a1.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: CNB FINANCIAL CORP/PA (CCNE)
CIK: 0000736772
Period of Report: 2022-02-15
Reporting Person: BOWER JOSEPH B JR (President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-02-15 | common stock | A | 6324 | $26.71 | Acquired | 72781.15 | Direct |
| 2022-02-15 | common stock | F | 2643 | $26.71 | Disposed | 70138.15 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| common stock | 785.738 | Indirect |
| Depositary Shares | 4360 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| phantom stock | $ | common stock (9327.93) | 9327.93 | Direct |
Footnotes
F1: These securities were issued to the reporting person pursuant to the CNB Financial Corporation 2019 Stock Incentive Plan, which provided for the conversion of performance units into a number of shares of common stock based on the Issuer's performance over a three year designated performance period.
F2: Each Depositary Share represents a 1/40th interest in a share of the Issuer's 7.125% Series A Fixed-Rate Non-Cumulative Perpetual Preferred Stock, no par value per share. Depositary Shares were purchased in an underwritten public offering.
F3: Each share of phantom stock is the economic equivalent of one share of common stock. The phantom shares become payable upon termination of service.